TGS Q3 2023 Revenue Update
OSLO, Norway (9 October 2023) - Based on preliminary reporting from operating units, management of TGS ASA ("TGS") expects IFRS revenues for Q3 2023 to be approximately USD 225 million, compared to USD 135 million in Q3 2022. POC revenues* are expected to be approximately USD 293 million, up from USD 119 million in Q3 2022. POC multi-client revenues are estimated at approximately USD 160 million, of which early sales of completed data accounted for approximately 55%. In Q3 2022, POC multi-client